116 Michigan Avenue, Daytona Beach, FL 32114
Local realty services provided by:CENTURY 21 North East
116 Michigan Avenue,Daytona Beach, FL 32114
$1,200,000
- 1 Beds
- 2 Baths
- 1,254 sq. ft.
- Single family
- Active
Listed by: monique miller, didiayer snyder
Office: oceans luxury realty full service llc.
MLS#:1214423
Source:FL_DBAAR
Price summary
- Price:$1,200,000
- Price per sq. ft.:$956.94
About this home
PROPERTY ADDRESS: 116, 120, 124, 128 Michigan Avenue & 440 N. Beach Street, Daytona Beach, FL 32114
NUMBER OF PARCELS: 3 - TOTAL SIZE: +47,916 SF | +1.10 ACRES
ZONING: RDM-6, RDM-10, BA, AND RDB-4 (To Be Verified by City of Daytona Beach)
PROPERTY DESCRIPTION: Prime Beachside Development Assemblage | +1.10 Acres 116 -128 Michigan Avenue & 440 N. Beach Street, Daytona Beach, FL 32114
This rare three-parcel assemblage offers a unique opportunity to invest in Daytona Beach's revitalizing downtown district. Located steps from Main Street, the iconic Daytona Beach Boardwalk, and the Atlantic Ocean, this +1.10-acre site includes multifamily, residential, and mixed-use commercial zoning - creating the ideal setting for a transformative redevelopment project.
DEVELOPMENT HIGHLIGHTS:
Flexible Zoning Mix: Mixed Use Commercial and Residential Multifamily: Parcels designated as 0804 and 0806 allow for 4-6 units per lot (RDM-6 or RDM-10)
POTENTIAL USES: Boutique apartment complexes or urban townhomes. Mixed-use buildings with retail/office below and residential above. Short-term vacation rental units (subject to local approval). Live-work units or small hospitality concepts.
ASSEMBLAGE ADVANTAGE:
Combined acreage enables larger-scale projects. The assemblage has the potential to attract public incentives tied to Daytona Beach's downtown/beachside redevelopment initiatives.
LOCATION & ACCESSIBILITY
Promixity to Key Attractions: Less than 2 blocks from Main Street and the Atlantic shoreline. Walking distance to the Daytona Beach Boardwalk, Riverfront Esplanade, museums and the marina. Under 10 minutes to Daytona International Speedway and Daytona Beach International Airport.
TRANSPORTATION & EXPOSURE:
Positioned along N. Beach Street, a high-visibility corridor with estimated daily traffic counts of 8,000 - 12,000 vehicles. Easily accessible via public transit and major regional connectors like International Speedway Blvd.
INVESTMENT HIGHLIGHTS:
Strategic 3-Parcel Assemblage with redevelopment potential in a high-demand coastal zone. Zoning flexibility supporting multifamily, mixed-use, and short-term rental models. High Visibility & Foot Traffic near tourism hotspots and major Daytona Beach events. Walkable Lifestyle Location with access to entertainment, waterfront parks, and dining. Tourism & Long-Term Rental Opportunity in a corridor experiencing ongoing economic and infrastructure growth.
ZONING VERIFICATION NOTICE:
All buyers are encouraged to verify land use classifications, density allowances, and redevelopment guidelines directly with the City of Daytona Beach Planning & Zoning Department prior to contract execution....
Contact an agent
Home facts
- Year built:1920
- Listing ID #:1214423
- Added:288 day(s) ago
- Updated:March 21, 2026 at 02:54 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:2
- Living area:1,254 sq. ft.
Structure and exterior
- Year built:1920
- Building area:1,254 sq. ft.
- Architectural Style:Ranch
Finances and disclosures
- Price:$1,200,000
- Price per sq. ft.:$956.94
- Tax amount:$1,725 (2024)
New listings near 116 Michigan Avenue
$105,000Active-- beds 1 baths343 sq. ft.313 S Atlantic Avenue #524, Daytona Beach, FL 32118
MLS# 1221789Listed by: REDFIN CORPORATION- New
$150,000Active2 beds 1 baths750 sq. ft.120 N Adams Street, Daytona Beach, FL 32114
MLS# 1224542Listed by: LPT REALTY, LLC - New
$15,000Active1 beds 1 baths372 sq. ft.600 N Atlantic Avenue #1204, DAYTONA BEACH, FL 32118
MLS# FC316463Listed by: REALTY EXCHANGE, LLC - New
$949,500Active4 beds 4 baths2,864 sq. ft.206 N Halifax Avenue, DAYTONA BEACH, FL 32118
MLS# V4948123Listed by: REALTY PROS ASSURED - New
$176,500Active2 beds 1 baths820 sq. ft.1401 S Palmetto Avenue #306, DAYTONA BEACH, FL 32114
MLS# V4948119Listed by: 1ST FLORIDA REALTY LLC - New
$4,500,000Active11 beds 8 baths8,295 sq. ft.3837-3839 S Atlantic Avenue, DAYTONA BEACH, FL 32118
MLS# NS1087721Listed by: 386REALESTATE.COM - New
$344,900Active3 beds 2 baths1,789 sq. ft.1209 Sunland Road, Daytona Beach, FL 32114
MLS# 1224531Listed by: LPT REALTY, LLC - New
$418,500Active2 beds 2 baths1,440 sq. ft.118 Boynton Boulevard, Daytona Beach, FL 32118
MLS# 1224506Listed by: NONMEMBER OFFICE - New
$400,000Active4 beds 2 baths1,983 sq. ft.112 Tuscany Bend Street, Daytona Beach, FL 32117
MLS# 1224527Listed by: RE/MAX SIGNATURE - New
$329,900Active2 beds 2 baths1,445 sq. ft.3023 S Atlantic Avenue #2070, DAYTONA BEACH, FL 32118
MLS# OM721441Listed by: OCALA'S CHOICE REALTY, LLC